BlackRock has added four new UCITS iBonds ETFs, to bring its European range to a total of 17.
These new products, classified as Article 8 under the Sustainable Finance Disclosure Regulation, offer exposure to investment grade corporate bonds across various countries and sectors.
They provide flexibility in terms of currencies, maturities, and countries, with two defined maturity dates – in December 2029 and 2030 – available for both US dollar- and euro-denominated bonds.
The new ETFs are:
iShares iBonds $ Corp UCITS ETF Dec 2029 term
iShares iBonds $ Corp UCITS ETF Dec 2030 term
iShares iBonds € Corp UCITS ETF Dec 2029 term
iShares iBonds € Corp UCITS ETF Dec 2030 term
Initially, the US dollar-based ETFs will be launch on Euronext Amsterdam, while the euro-based products will debut on the Deutsche Börse Xetra.
Each of the funds has a total expense ratio of 12 basis points.
The iBonds UCITS range, launched last August, has attracted €3bn of inflows to date.
